Managed to get some feedback on announcement from broker:- BGF...

Managed to get some feedback on announcement from broker:

- BGF upgraded company value by more than 50% today stating that upgrade significantly exceeded expectations,
- initial coking coal yields using slim diameter probably understate yields by 10-20% due to washing loss (need to wait for wide diameter testing)
- yields likely to be north of 40% when taking into account thermal coal (previously announced on March 40-50% total yields) so consistent with this
- thermal yields will contain both export and domestic thermal coal but bias towards export as contained within coking resource
- should have made yield information clearer as a number of people have misread this including an earlier posted who dismissed yield numbers as they are likely to be higher than Vele and consistent with CZA Makhado deposit and Rio's Chapudi deposit

Broker believes this will re-rate significantly over coming months as deposit story understood and strategic interest given quality and scale of deposit.

Seemed to be some built up selling but give it time for people to analyse and recognise. Convinced me this should be held for long term.

GL to holders.